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Upwood Road, Lee

London

£500,000

Listed on 09/02/2026

Property details

Bedrooms
3
Type
Terraced
Area
1088 sqft

Description

This three-bedroom townhouse presents a substantial opportunity for modernisation, spread across three levels and located in a sought-after area near Lee train station. The property's layout includes an entrance hall, a versatile bedroom/study, a WC, and an integral garage on the ground floor. Ascending to the first floor reveals a spacious lounge/dining area that opens into the kitchen, while the top floor accommodates two double bedrooms alongside a family bathroom. The rear garden is approximately 36 ft long, offering potential for landscaping or extension (subject to planning permission). Conveniently positioned for transport links with both Lee and Hither Green stations nearby, residents can enjoy quick access to central London. The surrounding neighbourhood boasts several reputable primary schools, parks, shops, and restaurants, with Blackheath Village just a mile away featuring a variety of boutique shopping and dining options. This property not only offers ample living space but also considerable renovation potential to create a bespoke family home in an enviable location.

Investment analysis

(SE12 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£460/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£419
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£615,813
10% above area average per sq ft
Potential ROI
+12.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SE12)

Area prices are rising by +8.4% over the last 12 months
3 year growth: +3.4%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on SE12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Upwood Road, Lee
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-9.1% since listed
£500,000£25,000(-4.8%)
05/06/2026
Current price
£525,000£25,000(-4.5%)
19/03/2026
£550,000Initial listing
11/02/2026

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